Accounting Services in Ontario
Accounting is an important part of any business in Ontario. A good accounting section can help businesses stay within their budgets and save money, as well as make it easier to file taxes on time. By hiring a reputable professional accounting service, businesses have access to highly trained employees who are up to date with all the laws and regulations involved with tax season. They also maintain high standards for safeguarding data and accuracy when dealing with financial matters. With such reliable services at your disposal, businesses in Ontario can rest assured knowing that they get quality work done efficiently by an experienced team of experts.
Business Funding Toronto
Our specialized team helps in finance syndication and arranging funds from banks and financial institutions. We offer the following types of services:
- Commercial Line of Credit: We assist businesses in obtaining a commercial line of credit to manage cash flow, meet short-term working capital needs, and finance ongoing operations.
- Equipment Finance: We help you secure financing to acquire necessary equipment for your business, whether it's for operational efficiency or expansion purposes.
- Equipment Leasing: We provide solutions for businesses looking to lease equipment rather than purchase it outright, offering flexible terms to help manage your financial resources.
- Project Loans: Our team helps secure project loans, whether you're working on a new venture, expansion, or renovation project, to ensure you have the funds to move forward successfully.
Business Incorporation Services
We do both Federal and Provincial Incorporation. We provide official searches for full Ontario incorporation, Canada trademark registration, and other related corporate services with minimum cost. We respond to your needs quicker and faster so you can save more.
Our services include:
- Corporate Name and Trademark Searches
- Incorporating Federal Corporation
- Incorporating Provincial Corporation
- Profit and Non-Profit Incorporation
Bookkeeping Services
At Aura Finance Chartered Professional Accountant, we offer extensive bookkeeping services tailored to meet the needs of all business types. Whether you are a small startup or a large established business, we can offer you the proper bookkeeping services your business needs. Our goal is to take the pressure off by providing fast and reliable tax filing services.
We utilize various accounting systems in our day-to-day activities for our clients to easily track, review, and project business financials. Our goal is to give clients more value by offering reliable bookkeeping services. We provide personalized support to help your business grow.
Our services cover all aspects of bookkeeping, including tax filing, tracking business financials, and advising on financial strategies for business growth.
Our bookkeeping services ensure smooth tax filing, accurate financial reporting, and effective business planning. We assist with tax compliance, offer personalized accounting advice, and help you structure your transactions and assets for optimal tax liability management.
Financial Planning and Consultation
Every business starts with an idea. No matter what stage you’re at in building your business, we want to hear from you. We want to be with you every step of the way. With organizational checkups and productive money management advice, you’ll learn to minimize your financial woes and optimize for success. Our talented team will guide you through:
- Tax filing and preparation
- Financial statements
- Visual business reports
- Growth advisory services
- Registration & Licensing
- Partnerships & Incorporations
- Business Plans
- Coaching
- Financial planning
- Successor Planning
- Estate Planning
GST/HST Filing Services
Indirect taxes, such as the Goods and Services Tax (GST) and the Harmonized Sales Tax (HST), are transaction-based taxes that apply to purchases and sales. We offer a comprehensive range of services to make managing these taxes straightforward for your business, including:
- GST/HST tax planning for business start-ups and expansions
- Filing GST/HST returns
- GST/HST refunds
- Assisting with training and compliance on indirect taxes
- Advisory on tax implications for business purchases or sales, including due diligence
- Preparing Canada Revenue Agency (CRA) ruling requests and correspondence
Payroll Services
Payroll processing can be a labor-intensive chore for all businesses. We can offer tailored support for all your payroll processing needs, tasks such as collecting and maintaining employee pay data, calculating taxes, benefits, and reporting unemployment taxes, annual payroll tax forms, and much more.
Our expert staff understands the complexities associated with payroll processing and will handle all the necessary calculations, and file the appropriate forms all while complying with applicable regulations.
Some of the Payroll services we offer include:
- Collecting and maintaining employee data
- Calculating taxes
- Calculating benefits
- Calculating withholding taxes
- Collecting and maintaining employee data
- Calculating taxes
- Calculating benefits
- Calculating withholding taxes
Tax Services
We provide tax planning services that focus on reducing your income tax liability. Our team takes a proactive approach, ensuring long-term stability and success. We offer comprehensive, year-round tax assistance for individuals and businesses, from managing sales tax compliance to business and estate tax planning to preparing personal and corporate returns, along with effective representation before taxation authorities.
Our Personal Tax services assist individuals with all aspects of tax filing and compliance, including ensuring all relevant deductions are claimed and income is correctly reported. Corporate tax services help companies navigate the complexities of tax returns and compliance, while also advising on strategies for tax savings and representing businesses before tax authorities.
Personal Tax Services
Tax can be complex, and filing incorrectly can lead to audits and penalties. We assist in ensuring accurate filing and identifying available deductions and benefits. Our services provide guidance on the necessity of filing T1 returns and ensure all steps are taken correctly.
- Tax planning to reduce income tax liability
- Claiming relevant deductions and benefits
- Accurate income reporting for compliance
- Representation before tax authorities in case of audits
- Proactive, year-round tax assistance
Corporate Tax Services
Companies need accurate financial records and expert tax advice for proper filing of corporate tax returns. We help businesses navigate the complexities of corporate tax filing and compliance, advising on strategies to minimize tax liabilities while ensuring complete adherence to regulations.
- Preparation and filing of corporate tax returns
- Strategic tax planning and optimization
- Representation with tax authorities (CRA)
- Tax saving advice for future growth
- Guidance on the best borrowing strategies for businesses
WSIB Filings
WSIB coverage is mandatory for independent operators, sole proprietors, partners in a partnership, and executive officers in a corporation who work in construction and other specific industries. At Aura Finance Chartered Professional Accountant, our professionals ensure complete compliance with applicable rules and regulations.
